Massachusetts Mutual Life Insurance Company has expanded its retirement income product menu.
MassMutual, Springfield, Mass., has introduced the MassMutual RetireEase single-premium fixed immediate annuity and the MassMutual RetireEase Select single-premium immediate variable annuity.
The fixed annuity is available in all U.S. jurisdictions in New York, and the variable annuity is available everywhere but New York and Oregon, MassMutual says.